Apex Group has partnered with New York-based FinTech firm Triple Point Liquidity to provide an enhanced transfer agency platform.
The partnership aims to boost Apex’s service to asset managers, capital markets and private clients by integrating Triple Point’s registrar and transfer agency platform to better manage liquidity.
It will also enable Apex clients to leverage secondary market experts and experience through Hedgebay Securities, a FINRA-registered agency–only broker-dealer focusing on the transfer of private assets.
Hedgebay’s capabilities will work seamlessly with Triple Point, offering alternative asset managers and their limited partners an asset support platform.
“Given the fluidity of global markets we wanted to ensure that our clients had immediate access to the latest tools to support their funds. Strategic relationships like this are critical to helping our clients run flexible and sustainable businesses, adapting to the fast–changing market environment,” said Georges Archibald, head of Americas, Apex Group.
“We are extremely pleased with the speed in which we were able to bring this to market and look forward to working closely with the Triple Point team to bring enhanced solutions to our clients.”
The collaboration follows the recent announcement from Apex that it plans to launch a digital banking platform for asset managers as part of a single-source solution which includes depositary, custody, and FX services.